Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) Sees Large Increase in Short Interest

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 22,200 shares, a growth of 23.3% from the September 30th total of 18,000 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is presently 2.8 days.

Falcon’s Beyond Global Stock Performance

FBYD stock traded down $0.45 during trading hours on Wednesday, hitting $9.30. The company’s stock had a trading volume of 7,269 shares, compared to its average volume of 6,442. The stock has a 50 day moving average price of $9.97 and a two-hundred day moving average price of $10.14. Falcon’s Beyond Global has a 12 month low of $7.02 and a 12 month high of $19.41.

Falcon’s Beyond Global (NASDAQ:FBYD) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $1.80 million during the quarter.

Falcon’s Beyond Global Company Profile

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.